2Smart2Trade

Cadjpy Both Sides Trading Opportunity

FX:CADJPY   Canadian Dollar / Japanese Yen
105 4 6
Conditions 1 : (Chances Are High)
If It Breaks Below Lower Trend line then go for take profits@ 86.500

Condition 2 : (Chances Are Less)

If it breaks above trend line and has a candle close above upper trend line then buy for take profits@ $91

Major Reasons To Go Short:

1- Candle Closing Allows Trend To Change To Downside

2- Upper Divergence

3-Triangle Breakout

4-Triangle Breakout And Closed Candle Confirmation

5-Moving Average Shows Red Signs To Go Short

6-High Volume Due To Compression

7-Moving Averages Far Away Creates An Bearish Volume

8-Vertical Support Broke which indicates Sell Pressure

9-Major Banks Are Willing To Sell on candle close Below Lower Trend line
WOW!!!
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nice one
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Welcome back. We missed your analysis.
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Had came from institution and was free sitting on sofa so I thought why not give out hottest trade to others.
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